HC Deb 05 July 1978 vol 953 c184W
Mr.Arthur Lewis

asked the Chancellor of the Exchequer what a person receiving a pension of £9,000 per annum, together with a salary of £6,250 per annum, would have to pay in tax on a £12,000 per annum car benefit; and what such a £12,000 car benefit is worth to such people after tax.

Mr.Robert Sheldon

Tax liability on car benefits depends on several factors, but, if tax were chargeable on the full £12,000, the tax taken as the highest slice of the income of a married man with no children whose only other sources of income were a pension of £9.000 and a salary of £6,250, would be £8,964, leaving a net benefit of £3,036.